📊 Morning Market Insights | 17th August 2026

Market Bias: Neutral 🎯 Key Levels Nifty 50 The overall sentiment is expected to remain cautious, with Nifty likely to consolidate amid limited global and domestic triggers. Elevated crude oil prices and ongoing geopolitical uncertainty remain key factors to watch. Support: 24,220–24,205 Resistance: 24,440–24,520 Bank Nifty Bank Nifty is expected to remain range-bound as elevated crude oil prices continue to weigh on market sentiment. Support: 57,100–57,250 Resistance: 57,900–58,050 👀 Sectors to Watch Today • DEFENCE - BEL, HAL • CAPITAL GOODS - BHEL • IT -

📅 Key Events Today • US–Iran: Markets will closely monitor developments around the ongoing US–Iran discussions and geopolitical tensions. • PSB Conclave: Public Sector Banks and Public Financial Institutions are in focus as the two-day conclave begins today. 📌 Market Strategy Stay cautious and focus on stock-specific opportunities. A decisive breakout above resistance or breakdown below support may provide better directional confirmation.